Tax Advantages of Owning Real Estate!

It’s that point of the 12 months once more to get began on 202 tax preparation!
Join Trish Williams and visitor Raymond, “Al” Wagner Of Trinity Tax Consultants , INC , as we talk about tax benefits to proudly owning actual property , totally different deductions you don’t wish to overlook, issues to contemplate when getting ready to promote, and way more !

About Our Guest : Al Wagner is an Enrolled Agent licensed by the Department of Treasury to symbolize taxpayers on tax points with the Internal Revenue Service and started his profession within the tax preparation enterprise in 1983 working for H&R Block in 1983 and 1984. In 1985 he began Al’s Tax service. In 1993, Al renamed the corporate to A & L Tax Service. Al integrated the corporate to Trinity Tax Consultants Inc in 2013. In addition to tax preparation, from 1996 by 2014 Al was a Financial Advisor. First working with HD Vest Inc after which spent ten years with Waddell & Reed to higher serve his purchasers.
With over 35 years of expertise, Al stays one of the vital respected tax preparers within the Las Vegas valley along with his distinctive strategy to taxation points. Al is a member of the National Association of Tax Preparers, served on the Board for the Nevada chapter for 2 years. He additionally served as a nationally licensed coach for the NATP as properly. Al is a member of the Las Vegas Rotary Club, the Henderson Chamber of Commerce, the Knights of Columbus, serves because the Chief Financial Officer for the 2Ntense Foundation, is a visual supporter of the Village Foundation and serves in a spread neighborhood service tasks all through the Las Vegas valley.

00:00 Introduction
00:33 Who is Our Guest Al Wagner?
04:20 Who is Al’s Business for?
05:30 What are the Tax Benefits to Buying a Home?
08:56 Itemized Deductions
10:40 Possible Deductions, What Do I Need to Keep Track of?
11:35 Deducting Charity Donations
13:30 How do I actually get a Tax Return?
14:08 Tax Benefits for Investments and Rental Properties
17:16 Capital Gains
19:39 Primary Residence Capital Gains
21:13 Taking My Primary Residence and Turning it right into a Rental Property
23:20 Don’t Do Your Own Taxes…..
24:07 Opportunity Zones; What is that and what about it’s TAX FREE?
28:57 What if I promote a Rental Property?
34:16 What is a CPA and an EA?
36:10 How do I contact Al?

Show Hosted by Trish Williams
Team Leader of Trish Williams Team
Keller Williams Realty The Market Place
2230 Corporate Circle ste 250 Henderson Nv 89074
Each Office Is Independently Owned and Operated

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